The average salary for an Actuarial Analyst in India is Rs 542,965.
MEDIAN Rs 542,965
Is Actuarial Analyst your job title? Get a personalized salary report!
Rs 343k - Rs 1m
Rs 16k - Rs 196k
Rs 0 - Rs 50k
Rs 347k - Rs 1m
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Actuarial Analyst
An actuary analyst uses data to measure risk for a company or organization, such as insurance company or a financial services business. Common functions performed by an actuary analyst include coordinating, preparing, and performing actuarial analyses, which are required by companies when developing new products, projecting future results, repricing existing products, and/or determine financial strength. An actuary analyst is usually expected to work under minimal supervision and must be able to…Read more
Actuarial Analyst Tasks
- Analyze risk evaluation data, using appropriate models and statistical methods, and creating relevant charts and graphs.
- Review accuracy of data and calculations.
- Report and interpret results of data analysis.
Popular Employer Salaries for Actuarial Analyst
Explore the most common career paths for Actuarial Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Actuarial Analyst Job Listings
Popular Skills for Actuarial Analyst
Skills in Microsoft Excel, Statistical Analysis, Data Analysis, Insurance and Data Modeling are correlated to pay that is above average.
Pay by Experience Level for Actuarial Analyst
An entry-level Actuarial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 437,455 based on 46 salaries. An early career Actuarial Analyst with 1-4 years of experience earns an average total compensation of Rs 591,172 based on 66 salaries. A mid-career Actuarial Analyst with 5-9 years of experience earns an average total compensation of Rs 750,000 based on 12 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Analyst in their job title in Bangalore, Karnataka earn an average of 19.0% more than the national average. These job titles also find higher than average salaries in Pune, Maharashtra (10.5% more). The lowest salaries can be found in Mumbai, Maharashtra (17.1% less), New Delhi, Delhi (10.1% less) and Delhi, Delhi (6.9% less).
Years of Experience
This data is based on 124 survey responses.
Related Job Salaries
Rs 196k - Rs 902k
Rs 434k - Rs 2m
Rs 342k - Rs 2m
Rs 250k - Rs 1m
Rs 456k - Rs 2m
Rs 305k - Rs 1m
Rs 291k - Rs 1m
Rs 251k - Rs 1m
Rs 218k - Rs 996k
Rs 175k - Rs 823k